Capital Southwest (NASDAQ:CSWC) Upgraded at StockNews.com

Capital Southwest (NASDAQ:CSWC) was upgraded by StockNews.com from a “sell” rating to a “hold” rating in a research note issued on Saturday.

Separately, B. Riley raised their price objective on Capital Southwest from $24.00 to $24.50 and gave the company a “neutral” rating in a research note on Wednesday, October 30th.

Capital Southwest Stock Performance

CSWC stock opened at $23.46 on Friday. The firm has a 50 day moving average of $22.20 and a two-hundred day moving average of $23.68. Capital Southwest has a 12 month low of $20.68 and a 12 month high of $27.23. The company has a market capitalization of $1.19 billion, a price-to-earnings ratio of 16.64 and a beta of 1.24. The company has a quick ratio of 0.16, a current ratio of 0.18 and a debt-to-equity ratio of 0.64.

Capital Southwest (NASDAQ:CSWC) last released its quarterly earnings data on Monday, February 3rd. The asset manager reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.01. Capital Southwest had a net margin of 33.49% and a return on equity of 15.18%. As a group, equities analysts anticipate that Capital Southwest will post 2.54 EPS for the current fiscal year.

Institutional Investors Weigh In On Capital Southwest

A number of hedge funds have recently bought and sold shares of the company. Creative Planning lifted its position in shares of Capital Southwest by 4.5% during the 2nd quarter. Creative Planning now owns 10,709 shares of the asset manager’s stock worth $279,000 after purchasing an additional 464 shares during the last quarter. Good Life Advisors LLC acquired a new position in shares of Capital Southwest during the third quarter worth approximately $364,000. Blue Trust Inc. boosted its position in shares of Capital Southwest by 1,539.2% in the third quarter. Blue Trust Inc. now owns 7,147 shares of the asset manager’s stock valued at $186,000 after acquiring an additional 6,711 shares during the period. Foundations Investment Advisors LLC grew its stake in shares of Capital Southwest by 20.4% in the third quarter. Foundations Investment Advisors LLC now owns 81,129 shares of the asset manager’s stock worth $2,052,000 after acquiring an additional 13,726 shares during the last quarter. Finally, Tectonic Advisors LLC increased its position in Capital Southwest by 17.3% during the third quarter. Tectonic Advisors LLC now owns 328,834 shares of the asset manager’s stock worth $8,316,000 after acquiring an additional 48,442 shares during the period. 23.42% of the stock is currently owned by institutional investors.

About Capital Southwest

Capital Southwest Corporation is a business development company specializing in credit and private equity and venture capital investments in middle market companies, mezzanine, later stage, mature, late venture, emerging growth, buyouts, industry consolidation, recapitalizations and growth capital investments.